Gildan Activewear (TSE:GIL) has released an update.
Gildan Activewear Inc. announces a strategic refresh of its Board of Directors, effective May 1, 2024, to support future sustainable growth and a smooth transition during the sale process. The new board, led by incoming Chair Tim Hodgson, is composed of industry veterans selected through shareholder engagement and an independent recruitment process. Despite Browning West’s attempt to control the board, Gildan endorses a slate of director candidates, including two from Browning West, reflecting a balance of fresh insight and company familiarity.
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